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U.K. Government Agrees To Cover Anticipated £30M Shortfall From National Lottery

Published in SportsBusiness Daily Global on 12 / 09 / 16

A "rescue package" has been agreed to that will lead to Britain’s Olympic sports "being spared funding cuts in the run-up to Tokyo 2020," according to Martyn Ziegler of the LONDON TIMES. The government has "agreed to cover an anticipated shortfall of National Lottery income" of more than &poun...

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Tags: Olympics, United Kingdom

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05/26/16
Tottenham To Play At Wembley

Tottenham is expected to announce that it will play its Champions League matches at Wembley next season and "use the national stadium as a temporary home while White Hart Lane is rebuilt in the following campaign," according to Gary Jacob of the LONDON TIMES. The overall deal could be worth mor ...

Tags: Facilities, United Kingdom

05/26/16
Image Rights Delay Mourinho Move

José Mourinho’s "impending appointment" at ManU has been held up by "potential conflicts of interest between a series of the former Chelsea manager’s personal endorsement deals and the club’s own commercial partnerships," according to James Ducker of the London TELEGRAPH.&nb ...

Tags: Marketing and Sponsorship, United Kingdom

05/26/16
AFC Wimbledon Hoping For Review

League Two side AFC Wimbledon hopes its plans to build a new stadium at Plough Lane "will be reviewed" by new London Mayor Sadiq Khan in July, according to Giuseppe Muro of the London EVENING STANDARD. The club’s "return to its spiritual home suffered a setback in March" when outgoing May ...

Tags: Facilities, United Kingdom

05/26/16
Arsenal Breaks £100M Barrier

Arsenal has become the first club to break the £100M ($147M) barrier in income from Premier League TV money, according to Martyn Ziegler of the LONDON TIMES. The club finished second to Leicester City but tops "the list of income earned due to having appeared in more live matches on telev ...

Tags: Finance, United Kingdom

05/26/16
FA Calls Plan 'Recipe For Disaster'

It is Wembley’s "biggest week of the sporting year," with three playoff finals in three days quickly followed by England’s "last warm-up match for the European Championship," according to Ben Rumsby of the London TELEGRAPH. A quarter of a million people "are expected to descend on t ...

Tags: Facilities, United Kingdom

05/26/16
Budweiser's McGregor Ad Breaches Code

A Budweiser advertisement featuring UFC fighter Conor McGregor has "been found to be in breach of advertising rules because the mixed martial artist is an idol for children," according to Aaron Rogan of the LONDON TIMES. The drinks company has been told "not to re-run the advert," which feature ...

Tags: Media, United Kingdom

05/25/16
Adidas To Cash In On Mourinho At ManU

José Mourinho's arrival at ManU "is a huge bonus" for kit supplier adidas, whose £750M ($1B) Old Trafford contract is its biggest sporting deal, according to Charles Sale of the London DAILY MAIL. Mourinho "is an enthusiastic global ambassador for the German brand and has a close friend ...

Tags: Marketing and Sponsorship, United Kingdom

05/25/16
London Mayor Signs Off On Formula E

It has been F1 CEO Bernie Ecclestone’s "dream for decades, a grand prix around the streets of London," according to Kevin Eason of the LONDON TIMES. Ecclestone’s dream "has become Formula E’s reality" as negotiations with new London Mayor Sadiq Khan for a race in the heart of the c ...

Tags: Events and Attractions, United Kingdom

05/25/16
Glentoran Cleared To Build New Stadium

NIFL Premiership side Glentoran is set to construct a new £9.2M ($13.5M), 8,000 capacity, 6,000-seat stadium on the site of its existing Oval grounds in East Belfast, according to the BBC. At the club's Annual General Meeting on Monday night, "supporters approved a board recommendation to ...

Tags: Facilities, United Kingdom

05/25/16
Nairn County Looking To Stay Alive

Scottish fifth-tier semi-professional football club Nairn County Dir Donald Matheson "has pledged to keep the club afloat as it faces an uncertain future," according to Jamie Durent of the INVERNESS COURIER. The club’s main sponsor Narden Services Ltd., principal backers for 20 years, announce ...

Tags: Franchises, United Kingdom

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